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Just as some people are famous for being famous, sometimes stocks go up just because they go up. That is absolutely the theme lately, as utterly questionable sectors like quantum computing vault to lifetime highs day after day just because, well, that’s in style!
As we continue to sit around staring at the ceiling, clipping our fingernails, and waiting for this pointless and meaningless interest rate cut, I share with you eight bullish young charts that seem well-formed for higher prices. This is incontrovertible evidence that I’ve lost my mind.
Remember when Tesla (TSLA) was absolutely clobbered early this year, when people figure Trump hating Musk would destroy him? Yeah, right. Tesla is up 100% since then. I’ve said dozens of times that Tesla may wind up the most valuable company on the planet, and I stand by that. Nvidia is a one-trick pony. Tesla is in a lot of different industries (especially if they wind up acquiring x.ai, as I suspect they ultimately will).
One of the wildest meme stocks of 2025 is Opendoor (OPEN) which looks like a lower-tier version of Zillow or Redfin. Over the past few months, the stock is up about 2,000% on enormous volume.
